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From £135,000

Alexandra Tower

  • From £135,000
  • Gross Yield: 6%
  • In Construction
  • Lease Length: 250 Years

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  • Investment Highlights

    • Completed and tenanted
    • Prices from just £135k
    • Waterfront location
    • Stunning views
    • Iconic building
    • Below market value
  • Property Description

    North Property Group are pleased to present an exclusive selection of well-priced, off-market, apartments at Alexandra Tower - Liverpool's most iconic apartment block in the heart of Liverpool Water's master-plan. All of the units are completed and tenanted, leased by by Liverpool FC: furthermore, prices start from £135k and offer yields of over 6%.

    The Apartments

    The apartments have been thoughtfully designed to make wonderful homes, with their fully residential design offering rental market versatility. Floor to ceiling windows offer spectacular views of the River Mersey and the building also offers secure indoor parking and an entry-phone access system connected to main entrance.

    There are less than 15 units available, all tenanted and completed with selected units having gross yields of over 6%.

    Alexandra Tower

    The site provided an opportunity to create a landmark building, marking the entrance to Princes Dock. The building responds to this opportunity with its significant height, dynamic design and contemporary use of materials. The tower is a cluster of vertical elements with vertical glass shafts extending at each end of the building, therefore contrasting with a singular massing element in the centre. The East and West elevations are wrapped by two continuously glazed full facades, offering extraordinary views over the river and city.

    Furthermore, the tenant demand in this location is robust with the financial district less than a 5 minute walk away and just a 15 minute walk from Liverpool One shopping centre. Alexandra Tower is a hot spot for young professionals looking for exclusive accommodation.

    Facilities

    Facilities include a 24 HR concierge service who are happy to help with any requests you may have. A parcel holding service is also available and secure parking is available on site.

    Liverpool Investment Case

    The UK's leading investment destination, Liverpool is one of the UK's fastest growing cities with access to 6 million customers and an economy worth more than £149 billion. The local economy is also growing by an impressive 15% year-on-year due to an influx of new businesses and a thriving tourism economy.

    Liverpool is one of the highest-performing buy-to-let hot-spots in the UK for rental yields. According to Property data the postcodes L7 and L1 are regularly achieving yields of 8.2% and 8%, with rises of 15% and 12% in the last five years respectively.

    While price growth has slowed during 2019 after an outstanding Q4 of 2018, Liverpool remains a top investment destination in the North thanks to exciting developments, exceptional career opportunities and rising tenant demand throughout the region. JLL expects that property prices in central Liverpool will rise by 2% and rents by 3.5% throughout 2020.

    Liverpool Waters Regeneration Scheme

    Situated in the heart of the Peel Holdings Liverpool Waters £5 Billion regeneration scheme is Alexandra Tower; extending over 2km along the banks of the River Mersey, Liverpool Waters is the redevelopment of 60 hectares of historic docklands and will create a world-class, mixed-use waterfront quarter in central Liverpool.

    This £5 billion regeneration scheme has outline planning permission for over 315,000 sq.m. of quality office space, as well as 53,000 sq.m. of hotel and conference facilities, a new cruise liner terminal. Additionally, there will be many more amenities including retail and leisure facilities and parking.

    Specification

    FLOORING

    Luxury vinyl flooring to living/kitchen hallway.

    Carpet in bedrooms.

    Bathrooms also include tiled flooring.

    Paved or decked terrace.

    Decked balcony.

    ELECTRICAL

    Voice entry phone system connected to main entrance.

    TV points to living rooms.

    Phone points living rooms and hall.

    LED spot & down-lights.

    KITCHENS

    Fitted kitchen.

    Engineered worktop.

    Stainless steel inset sink also with stainless steel mixer tap.

    Integrated appliances.

    APPLIANCES

    Fridge/Freezer, electric hob & fan assisted oven, as well as stainless steel extractor hood.

    BATHROOMS

    Bath with shower, wash basin & toilet in main bathroom.

    A cubicle shower, wash basin & toilet is also in the en-suite.

    Full tiling.

    Heated chrome towel rail.

    Parking

    Contract parking available adjacent to site.

    Secure indoor parking is also available.

     

  • Property Address

    United Kingdom
    L3 IBJ

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Information

  • From £135,000
  • Yield: 6%
  • In Construction
  • Lease Length: 250 Years

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